(This article was first published on Graph of the Week, and kindly contributed to R-bloggers)
Description:
Arizona State University tuition fees from 1987-2011.
Arizona State University tuition fees from 1987-2011.
Data:
https://azregents.asu.edu/ABOR%20Reports/TUITION%20HISTORY.pdf
Analysis:
It has been suggested that the 'cost' of tuition has remained the same throughout the years, yet the 'price' of tuition to the students has increased. In other words, since the Arizona Board of Regents has slashed the amount of funding given to ASU, and the 'cost' of educating a student remains the same, it is now up to the student to make up the difference.
Questions:
https://azregents.asu.edu/ABOR%20Reports/TUITION%20HISTORY.pdf
Analysis:
It has been suggested that the 'cost' of tuition has remained the same throughout the years, yet the 'price' of tuition to the students has increased. In other words, since the Arizona Board of Regents has slashed the amount of funding given to ASU, and the 'cost' of educating a student remains the same, it is now up to the student to make up the difference.
Questions:
- To what program is this money now going?
- Looking at the graph, it seems like education will be beyond the reach of many students within just a few years - when will this trend stop?
- What alternatives exist for a quality education?
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